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Well the phone actually costs €400, which may or may not convert to $500 when it's released outside of Europe. The specs aren't even fully clarified yet. A dual-core could still be an A15 based SoC or a Snapdragon S4, which would still be quite fast for a €400 phone. In any case, one has to take into account that Jolla is a low volume product from a startup and as such it's very likely they will get a worse deal than any of the large android OEMs on HW.

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Well the phone actually costs €400, which may or may not convert to $500 when it's released outside of Europe. The specs aren't even fully clarified yet. A dual-core could still be an A15 based SoC or a Snapdragon S4, which would still be quite fast for a €400 phone. In any case, one has to take into account that Jolla is a low volume product from a startup and as such it's very likely they will get a worse deal than any of the large android OEMs on HW.

far as i know it's not going to be a low volume Phone he has many many backers

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It's completely possible consumers overlook (or don't really notice) the performance-per-dollar of the Jolla phone because the interface is so unique.
I mean, Macs sell well off "hipness" and chrome-finish alone it seems.

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4G is probably the redeeming factor but by the time this phone gets out 4G will be pretty standard.

The 8MP is too low. 12-16MP with zoom is the default now for low to middle end phones. Example you can get $200 phones from China with 12MP cams and they are fairly decent specs. Check out Aliexpress.com

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Well it was 550euros here, so 400 is definitely tolerable compared to that. And the hardware is more than adequate in Jolla and Wayland promises so much. The N9 was just a tiny bit too slow to be really good. If it was dualcore like all the competitors it would have been legendary.